96.80 +0.10 (0.10%)
After hours: 6:24PM EST
|Bid||96.60 x 500|
|Ask||96.79 x 500|
|Day's Range||96.60 - 97.24|
|52 Week Range||65.28 - 100.13|
|PE Ratio (TTM)||25.67|
|Earnings Date||Feb 20, 2018|
|Forward Dividend & Yield||2.04 (2.11%)|
|1y Target Est||100.47|
Wal-Mart Stores (WMT) plans to significantly increase its Walmart.com offerings available for same-day pickup in stores. Also, Target, GameStop and others are offering lucrative deals to tap holiday sales.
The year is slated to be among the busiest in holiday history if you’re looking to get a gift over to a friend, family member or loved one via the mail. The retailer noted that you should place your order by Wednesday, December 13 if you’re looking to have your package delivered to its destination under the slowest shipping option, which is Walmart’s freight choice. For the company’s Standard shipping option, your order should still be placed well ahead of time, roughly a week from now on Tuesday, December 19.
Beaten-up meal kit maker Blue Apron Holdings Inc (NYSE:APRN) just had its day. It was the first time since the IPO that a major investment firm upgraded APRN stock. Revenue growth has come tumbling down, losses are widening and competition is increasing.
Wal-Mart has added merchandise, digital offerings and is changing its name to show that it has wide appeal in the age of Amazon, but holds on to its appeal to low-income consumers.
When Amazon entered the grocery business with the acquisition of Whole Foods this year, it was thought to be a supermarket killer. The grocery business was already facing competition from general retailers like Walmart that operate on larger scales and offer lower prices, and invading European grocers like Aldi and Lidl, before the mammoth conglomerate…
The house that Sam Walton built is getting increasingly effective at leveraging its strengths for omnichannel retail.
Amid the wreckage of retail, Wal-Mart (WMT) has been one of the bright spots, rising more than 40% this year. On Tuesday, Morgan Stanley argues that it's a "changed company" with a "new narrative," but it's still not a buy. Analysts Simeon Gutman and Joshua Siber reiterated an Equal Weight rating on the stock, although they raised their price target by $8, to $100, following a week spent with the company's management, including CFO Brett Biggs and VP of Investor Relations Steve Schmitt.